Psst: The Manufacturing Sector Is on Its Longest Winning Streak in Ove
June 4th, 2006 11:09 AM
You probably didn't know that we're living through historically GOOD times for manufacturing in America. Now you will. For some reason, the The Institute for Supply Management (ISM) hasn't trumpeted this news, even though the history-making began a couple of months ago when it issued its its March report announcing the 34th consecutive month of manufacturing expansion. This BizzyBlog post from…
GDP Soars and Unemployment Drops; CBS’s Lead: 'The Economy is Slowin
June 2nd, 2006 8:32 PM
A week after ignoring the announcement of a roaring 5.3 percent GDP growth rate in the first quarter, and on the day unemployment fell a tenth of a point to 4.6 percent -- the lowest level since July of 2001 -- the CBS Evening News decided to lead Friday with how, as anchor Russ Mitchell put it: “There are new signs this evening that the economy is slowing down.” Reporter Anthony Mason asserted…
The May Employment/Unemployment Report: Some Perspective, Please
June 2nd, 2006 1:56 PM
The good news: The unemployment rate of 4.6% is the lowest since June 2001.
The not-as-good news: The jobs increase of 75,000 is even smaller than indicated by May's figure alone, as March and April were revised downward by 25,000 and 12,000, respectively. So the net increase in the number of people working is at the end of May is 38,000 than what was originally reported at the end of April.
I…
CBS Acknowledges Public Unaware of Good Economic News -- Which CBS Ski
May 30th, 2006 9:02 PM
In reporting on President Bush’s nomination of Henry Paulson as his new Secretary of the Treasury, CBS’s Jim Axelrod on Tuesday night suggested that "the administration needs a salesman,” citing how “no matter how much they trumpet 5.3 percent economic growth in the first quarter, 5.2 million more jobs since August 2003, or unemployment down to 4.7 percent, there's another number to contend with…
High Gas Prices Won't Kill off Suburbs
May 14th, 2006 7:01 PM
With gas prices likely to head higher over the summer, expect urban
liberal journalists to step up their campaign to get everyone to not
just vote like them, but to live like them as well. The suburbs aren't
going away anytime soon, though, regardless of what Iran or Katie
Couric might do. Joel
Kotkin has an interesting article in Sunday's San Francisco Chronicle which argues
that high gas…
NBC’s 'Saturday Night Live' Begins With a Message From President Al
May 14th, 2006 3:44 PM
It must have been a dream come true for the folks at NBC, as well as all those associated with the long-time comedy variety show “Saturday Night Live.” Last night, NBC welcomed former vice president Al Gore to open the show posing as America’s president addressing the American people five years after having "overwhelmingly" won in 2000 (hat tip to Expose the Left with video link to follow). In…
